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Rithm Completes Deal to Buy Hedge Fund Sculptor After Monthslong Drama

(Bloomberg) -- Rithm Capital Corp. finally completed a deal to buy struggling asset manager Sculptor Capital Management Inc., dashing the ambitions of a hedge fund founder and handing a 35% gain to shareholders.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPho...
New York United States Boaz Weinstein Marc Lasry Jimmy Levin Jeff Yass
Source: yahoo.com

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Rithm Wins Dan Och's Support for Sculptor Bid at $720 Million

(Bloomberg) -- Sculptor Capital Management Inc. said major shareholder and founder Dan Och and his group agreed to a sweetened deal for the struggling hedge fund from Rithm Capital Corp.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaChina, US Release Dueling Videos With Accusations of ProvocationUS Military Attacks Two Syrian Facilities It Says Linked to IranRithm&#x...
New York United States Marcy Engel Marc Lasry Jimmy Levin Bloomberg Businessweek
Source: yahoo.com

Weinstein Ups Sculptor Bid Again in Bidding Fight With Rithm

(Bloomberg) -- Saba Capital Management’s Boaz Weinstein and his group of billionaire backers again raised their bid for Sculptor Capital Management Inc. Most Read from BloombergTrump Signals Support for Johnson’s Bid to Become House SpeakerChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeControversial Chip in Huawei Phone Produced on ASML MachineBig Tech Leads Losses as Treasuries Under Pressure: Markets WrapNobody Wants Mutual Funds NowWeinstein&#x2019...
United States New York Jimmy Levin Bill Ackman Marc Lasry Bloomberg Businessweek
Source: yahoo.com

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